New Survey Says Pros Anticipate Increased Demand through New Year and Beyond

MOORESVILLE, N.C., Nov. 2, 2021 /PRNewswire/ — Home advancement industry experts say they posted a banner calendar year and see no slowdown in sight, according to Lowe’s new, proprietary Professional Pulse Study.* Although most Pros use the year’s close to wrap assignments and reset, far more than 70 percent of survey respondents assume to be busier than ever this winter. Luckily, Lowe’s is listed here to support.

“As element of our dedication to improved comprehend what Professionals want and have to have, we are using strategies like the Professional Pulse Study to listen to specifically from Professionals,” stated Fred Stokes, Lowe’s senior vice president, professional gross sales and service. “Professionals say they have been working harder than ever to retain up with the demand for dwelling improvement initiatives, so we’ve rolled up our sleeves to enable them restock and resupply with gatherings like PROvember and specific specials all vacation season extensive.”

There is an improved need for experienced enable with residence improvement jobs, with 80 percent of study respondents stating now a lot more than ever there is a require for dwelling enhancement pros. Professionals claimed an ordinary of virtually 11 initiatives for each thirty day period in 2021 and expect that to increase by 45 per cent in 2022.

To aid Pros navigate the getaway time and get ready for the occupied calendar year in advance, Lowe’s has introduced its first-ever Lowe’s Pro “Toy” Catalog to provide as a information of items and discounts. According to the study, 82 p.c of Execs say the holidays are a time to reward groups for their difficult get the job done and 79 p.c system to acquire advantage of vacation deals to order instruments and job materials. The on the internet catalog is obtainable at Lowes.com/ProToyCatalog, and features:

  • Prime PROvember specials: An overall month committed to Pros when Lowe’s delivers offers, in-store demos, welcome kits for new Lowe’s For Execs Loyalty program customers and a specific sweepstakes for Loyalty users
  • Best Professional “toys” of the season: The should-have resources and materials to aid Professionals with all of their holiday getaway browsing needs, no matter whether restocking their own toolbox or gifting their crew
  • Major guidelines and picks from Lowe’s Professional Ambassadors: Lowe’s has enlisted a new team of sector industry experts to give counsel on its product or service and support choices for Professional prospects, as very well as share their prosperity of awareness on how they are prepping for 2022. Customers consist of professionals and influencers these as carpenter Darren Keefe sector voice Victoria Downing Roger Wakefield, The Pro Plumber and many more.

More essential results from Lowe’s Professional Pulse Survey involve:

Pros are prioritizing performance and efficiency in 2022.

  • Execs be expecting to see enhanced desire in 2022 for initiatives aimed at incorporating functionality for homeowners – with the #1 project predicted to be updates for power performance
  • 69 p.c of Execs are shifting away from gas-powered instruments for battery-run tools

Execs are optimistic about their professions and the calendar year ahead.

  • On a scale of zero to 10, Professionals on normal amount their optimism about their occupation a 9 out of 10
  • 92 percent of Pros are glad in their work as a dwelling improvement expert

In addition to serving Execs this vacation year, Lowe’s is dedicated to encouraging Pros by improved buying experiences all calendar year lengthy. Improved Pro offerings contain new in-shop solutions and companies, these types of as a committed Pro checkout Lowe’s For Professionals Loyalty program adaptable credit score solutions as effectively as new brand names and product innovations, these kinds of as the launch of FLEX power tools and SPAX fasteners. For far more data on the most current for Professionals, be sure to visit Lowes.com/Pro.

*Genuine International Intelligence, on behalf of Lowe’s, fielded an on-line survey of 1,000 house improvement gurus in the U.S. aged 18 and more mature involving September 22 and 28, 2021.

About Lowe’s
Lowe’s Providers, Inc. (NYSE: Low) is a FORTUNE® 50 home advancement enterprise serving roughly 20 million clients a week in the United States and Canada. With fiscal yr 2020 gross sales of virtually $90 billion, Lowe’s and its relevant corporations run or service far more than 2,200 residence enhancement and components retailers and hire more than 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves by means of programs concentrated on generating secure, very affordable housing and encouraging to establish the upcoming generation of competent trade professionals. For far more data, check out Lowes.com.

Call:
Olin Ericksen
Lowe’s Corporations, Inc.
[email protected]

Source Lowe’s Providers, Inc.

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